Evidence of meeting #112 for Natural Resources in the 44th Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was project.
A video is available from Parliament.
Green
Mike Morrice Green Kitchener Centre, ON
I only have 10 seconds left, so if there's no direct answer, can Finance submit to this committee an answer to the question, specifically, how many years the project needs to be viable for, and can I ask that to be submitted within a week?
Assistant Deputy Minister, Economic Development and Corporate Finance Branch, Department of Finance
Sure. I would just say that an asset can be commercially viable while it holds debt, as long as that debt can be serviced through the revenues. There are cash flows we project that will be generated from the pipeline, that will be able to operate to service the debt and pay down the debt.
Green
Mike Morrice Green Kitchener Centre, ON
Just to be very clear, what I've requested—and it's been said yes to—is how many years the pipeline has to operate for. That's the answer I'm looking for.
November 4th, 2024 / 12:55 p.m.
Liberal
The Chair Liberal George Chahal
Mr. Morrice, thank you. The time is up. I gave you the leeway to ask the question and to Mr. Reade to answer your question. We're at the end of the time and of that round.
Colleagues, we are approaching one o'clock. I just want to thank our witnesses today for taking the time out of their schedules to join us today at the committee.
Conservative
Conservative
Laila Goodridge Conservative Fort McMurray—Cold Lake, AB
We started the meeting late, and now you are proposing that we're going to end the meeting early. I think that is absolutely ridiculous. We have time. We could do, at least, part of a third round. Mr. Chair, this is a pattern, your shutting down conversation on this important topic.
Liberal
The Chair Liberal George Chahal
Look, we have two minutes each, if that's what committee members would like, but I do want to respect the time of our witnesses. We do have a minute and a half—
NDP
Charlie Angus NDP Timmins—James Bay, ON
Actually, what really disrupted the entire meeting were the endless points of order by the Conservatives while the ministers were here. Instead of our getting to ask questions, we had to listen to a gong show.
We are at one o'clock. I think all of us have suffered enough. I certainly respect the chair, and I don't think the chair is trying to shut anything down. It is one o'clock, so I think we should adjourn.
Liberal
The Chair Liberal George Chahal
Colleagues, we are at the time.
Thank you to everybody for participating today.
Thank you to the witnesses for joining us and giving us their time.
Colleagues, the meeting is adjourned.
